EU, IMF, US mull €250 billion credit line for Spain: report
The European Union, the IMF and the U.S. Treasury are drawing up a liquidity plan for Spain which includes a credit line of up to 250 billion euros ($335 billion), newspaper El Economista reported on Wednesday, citing sources which it said were close to the issuing entity.
The report said the decision had been discussed at a special IMF board directors meeting and was aimed at avoiding a rescue plan similar to that offered to debt-laden Greece.
A Spanish government spokesman said on Tuesday that talks between the Spanish Prime Minister and International Monetary Fund chief Dominique Strauss-Kahn set for Friday are unconnected with media reports that Madrid may seek a Greek-style bailout.
(Reporting by Elizabeth O'Leary; Editing by Kim Coghill)
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